Manager - Financial Reporting | Finance Shared Service Center | Corporate Services

Job Requisition ID: 173578

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview Of The Role

The Financial Reporting Manager acts as the lead for preparation of financial statements and coordination of external audits for assigned entities and territories. The role is integral in maintaining a strong accounting and operational control environment, improving accounting processes, and managing business risks through financial compliance. The manager must communicate financial concepts in a clear and persuasive manner to influence desired behaviors within the organization.

What You Will Do

Finance Reporting and Controlling

• Support the creation and ensure compliance with operational accounting policies.
• Perform effective training and management on the accounting procedures.
• Maintain the chart of accounts and effectively communicate any changes or new accounts.
• Prepare standalone and consolidated financial statements.
• Support the preparation and conduct workshops for IFRS standards.
• Prepare all documentation required for the sign-off of the financial statements.
• Perform opening retained earnings reconciliation between financial statements and SAP and other ERPs.
  
  

External Audit

• Coordinate with external auditors on audit requests.
• Cross-functional coordination with different Business Units, Divisions, and Tower Heads for variance analytics and business updates.
• Prepare technical memos on IFRS for significant transactions and accounting matters.
• Support impairment workings activities during HY and YE audits.
• Consolidate, review, and validate audit adjustments ensuring correct posting in SAP and BPC.
  
  

Tax

• Support the Tax tower in responding to financial statements related queries.
• Help prepare CIT tax filings.
• Ensure timely completion of financial statements to avoid late tax filings.
• Coordinate with the Tax tower to resolve tax-related queries from external auditors.
  
  

Document Retention

• Ensure document retention compliance in all geographies.
  
  

Automation

• Support the streamlining of financial statements preparation automation project.
• Liaise with external consultants.
  
  

Other Key Responsibilities

• Liaise with relevant managers and stakeholders for collaboration on critical topics.
• Contribute to the improvement of solutions and business processes.
• Maintain and upgrade professional knowledge, management skills, and domain expertise.
• Contribute to business excellence initiatives.
• Gather peer appreciation and feedback.
• Maintain rapport with the business.
  
  

Required Skills To Be Successful

• Strong technical account knowledge and audit experience.
• Extensive experience in Microsoft Office, particularly Excel.
• Solid analytical and troubleshooting abilities.
• Deep understanding of International Financial Reporting Standards (IFRS).
  
  

What Qualifies You For The Role

• College or University degree in Finance, Business, or related majors.
• Qualified Accountant certification is required.
• 5 - 6 years of audit experience, preferably from a Big Four firm.
• 2 years of industry experience is preferable.
• Knowledge of SAP BPC or SAP Business Warehouse is highly regarded.
• Extensive use of Excel and a deep understanding of IFRS.
  
  

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.